Bramble Corporation has one temporary difference at the end of 2020 that will reverse and cause taxable amounts of $52,300 in 2021.$57,200 in 2022 and $62,400 in 2023. Bramble's pretax financial income for 2020 is $302.600, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2020. Your answer is correct Compute taxable income and income taxes payable for 2020. Taxable income $ 130700 Income taxes payable $ 39210 Type here to search @ 12 mal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Income Tax Expense 130700 Deferred Tax Asset 39120 Income Tax Payable 39120 e Textbook and Media List of Accounts Type here to search o O . 6 Question 4 of 15 0.58 Income Statement (Partial) For the Year Ended December 31, 2020 V Income before Income Taxes $ Revenues Dividends Dividends Net Income /(Lossi e Textbook and Media BE Type here to search o